Brookfield Property Partners (NASDAQ:BPYPO) Shares Down 1.4% – Should You Sell?

Brookfield Property Partners L.P. (NASDAQ:BPYPO)’s stock price dropped 1.4% during mid-day trading on Monday . The stock traded as low as $14.19 and last traded at $14.41. Approximately 12,182 shares were traded during trading, a decline of 57% from the average daily volume of 28,486 shares. The stock had previously closed at $14.62.

Brookfield Property Partners Trading Down 1.4 %

The business has a 50-day moving average of $16.02 and a 200-day moving average of $14.76.

Brookfield Property Partners Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 2nd will be issued a dividend of $0.3984 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $1.59 annualized dividend and a dividend yield of 11.06%.

About Brookfield Property Partners

Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc, is one of the world's premier real estate companies, with approximately $88 billion in total assets. We own and operate iconic properties in the world's major markets, and our global portfolio includes office, retail, multifamily, logistics, hospitality, triple net lease, manufactured housing and student housing.